Excellent, my friend. That lays the facts on the table concisely.
I'm still disgusted to see promoters trying to push this thing for the sake of conversions. I haven't even bothered to dispel the recent pump talk because it's so rehashed / far-fetched and nonsensical, especially in the face of the the atrocious financials and blatant insider enrichment, that it's not even worthy of effort.
Anyone that takes 2 seconds to glean the financials ought to know to stay far, far away.